There was further bad news for the Adani group as global credit rating agency Moody’s Investor Services downgraded the ratings outlook of four of its companies to negative from stable. Moody’s downgraded its ratings outlook to negative from stable for Adani Green Energy;
Asia’s richest man and head of a logistics-to-energy conglomerate, Adani Group, Gautam Adani and his family have announced to donate ₹60,000 crore to charity to mark his 60th birthday. The money committed for charity is just over 8 per cent of Adani’s
Led by the surge in power demand due to severe heatwave across the country, union environment ministry has relaxed environmental compliance rules for coal mines to ramp up production, said a government notice dated May 7. In April, the power ministry said
According to a report published in The Times of India, the Adani Group is looking to enter into electric mobility space as part of the broader moves into green projects. The group is planning to set up a research and development (R&D)
Industrialist Gautam Adani-led Adani Group has tied up with South Korean company Posco to explore business opportunities in steel, renewable energy and other sectors. Both the companies signed a Memorandum of Understanding (MoU) in this regard. The Adani Group said in a
Speaking at the recent JP Morgan India Investor Summit, Adani Group chairman Gautam Adani on Tuesday said his group would invest Rs 1.47 lakh crore ($20 billion) over the next 10 years on renewable energy generation and component manufacturing and will produce
During the year, the Adani Group via its charitable trust Adani Foundation has spent Rs. 1.13 crore for charitable activities as a part of its CSR activity. The company has also contributed Rs. 15 crores to PM CARES FUND. The Adani Foundation,
